LORRETTO, MARSTON ROAD, SHERBORNE, DT9 4BJ - £275,000

LORRETTO is a small extended detached house of 105m², built sometime between 1900 and 1929. It was last sold for £275,000 in August 2014, which was around 22% below the average August 2014 detached price in the Dorset local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

LORRETTO Sold Prices

Land registry data shows two sales for LORRETTO since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two LORRETTO sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 8 AUG	£275,000	£351,377	22% below HPI
1996 16 JUL	£75,000	£96,130	22% below HPI

LORRETTO Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The two LORRETTO sales from July 1996 and August 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 1996 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2014 sale, which was also at 22% below the HPI.

How Large is LORRETTO?

LORRETTO is 105m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Sherborne, based on EPC data. The below chart shows the distribution of detached houses by size in Sherborne, and where LORRETTO lies on this distribution: 34% of detached houses are smaller than LORRETTO, and 65% of houses are larger. Note that EPC data is not available for all properties in Sherborne.

LORRETTO: Plot and Title Map

LORRETTO sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of LORRETTO, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of LORRETTO). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is LORRETTO?

LORRETTO is located on MARSTON ROAD in SHERBORNE, in the DT9 postcode district. The below map shows the position of LORRETTO on MARSTON ROAD.